Ableton has released Live 6 LE ($199 boxed; $149 download).
Built on the same fundamental concepts as Live 6, the music-production software offers studio-quality recording up to 32-bit, 192 kHz; 64 audio tracks and unlimited MIDI tracks per project; more than 20 built-in audio effects, including a host of creative delays, filters, distortions, studio compressors, and EQs; Simpler and Impulse software instruments; support for VST and AU effects and instruments; real-time time stretching and warping of AIFF, WAV, Ogg Vorbis, FLAC, and MP3 files; and multicore and multiprocessor support.
Live 6 LE also includes the Essential Instruments Collection LE Edition by Sonivox (boxed version only); loops and construction kits by Puremagnetik (boxed version only); a selection of presets for Live 6 LE's instruments and effects; and step-by-step tutorials.
The LE version is limited to 12 simultaneous built-in audio effects, 8 built-in instruments, 2 AU/VST effects, and 2 AU/VST instruments per project.
For more information, visit www.ableton.com.